Insights for Germany

MoM insights: In the month-on-month analysis, Germany's imports from Canada saw the highest increase with a trade value of 996.55M EUR, reflecting a significant rise of 351.95M EUR (54.60%). Singapore followed with imports valued at 488.95M EUR, increasing by 204.25M EUR (71.74%). Brazil's imports reached 839.94M EUR, up by 99.51M EUR (13.44%). Conversely, imports from China dropped sharply to 14.04B EUR, down by 1.36B EUR (-8.82%). Italy's imports decreased to 4.9B EUR, falling by 1.25B EUR (-20.28%), and Switzerland's imports fell to 3.89B EUR, down by 1.06B EUR (-21.48%). Overall, total imports decreased by 12.39B EUR (-10.97%). For exports, India led with 1.58B EUR, increasing by 304.28M EUR (23.78%). China followed with 6.73B EUR, up by 279.55M EUR (4.33%). Ireland's exports reached 1.07B EUR, increasing by 269.35M EUR (33.66%). On the downside, Switzerland's exports fell to 5.47B EUR, down by 1.26B EUR (-18.77%). Poland's exports decreased to 6.94B EUR, down by 1.19B EUR (-14.66%), and Italy's exports fell to 5.67B EUR, down by 1.11B EUR (-16.32%). Total exports decreased by 12.36B EUR (-9.76%).

YoY insights: In the year-on-year analysis, imports from China increased to 14.04B EUR, up by 2.11B EUR (17.65%). France's imports rose to 5.57B EUR, increasing by 726.05M EUR (14.97%). Austria's imports reached 3.78B EUR, up by 675.39M EUR (21.78%). On the other hand, imports from Guyana fell to 145.32M EUR, down by 220.47M EUR (-60.27%). Libya's imports decreased to 366.1M EUR, down by 190.61M EUR (-34.92%), and Ireland's imports fell to 1.27B EUR, down by 136.74M EUR (-9.71%). Total imports increased by 5.87B EUR (6.19%). For exports, China saw an increase to 6.73B EUR, up by 720.07M EUR (12.04%). France's exports rose to 8.64B EUR, increasing by 677.01M EUR (8.50%). The United Kingdom's exports reached 5.85B EUR, up by 607.3M EUR (11.63%). Conversely, exports to the United States fell to 10.37B EUR, down by 1.07B EUR (-9.36%). The Cayman Islands saw a drastic drop to 950K EUR, down by 406.39M EUR (-99.95%), and Belgium's exports decreased to 4B EUR, down by 181.25M EUR (-4.34%). Total exports increased by 3.56B EUR (3.22%).